India  

ITR filing FY 2023-24: What is the penalty for late filing of income tax return? Check penalties for misreporting tax & other mistakes

IndiaTimes Monday, 15 July 2024
Income Tax Return(ITR) Filing FY 2023-24: There is a penalty of Rs 5,000 if you file your income tax return after the due date. The due date for filing income tax returns is July 31, 2024.
0
shares
ShareTweetSavePostSend
 

You Might Like


Related videos from verified sources

Budget 2024: New Income Tax Slabs & Rate Cuts Will Benefit the Middle Class?| Explained [Video]

Budget 2024: New Income Tax Slabs & Rate Cuts Will Benefit the Middle Class?| Explained

Finance Minister Nirmala Sitharaman revised tax slabs in the new regime, expanding the first taxable bracket from ₹3-6 lakh to ₹3-7 lakh, while maintaining the 5% tax rate. Standard deductions were..

Credit: Oneindia     Duration: 05:45Published
Budget 2024: Budget 2024: FM Sitharaman Unveils Game-Changing Overhaul in Personal Income Tax Slabs [Video]

Budget 2024: Budget 2024: FM Sitharaman Unveils Game-Changing Overhaul in Personal Income Tax Slabs

On July 23, Finance Minister Nirmala Sitharaman announced significant revisions to personal income tax rates under the new tax regime during the presentation of the Annual Budget 2024 in Lok Sabha. The..

Credit: Oneindia     Duration: 03:14Published
Best service for Bookkeeping in West End [Video]

Best service for Bookkeeping in West End

Get the Best accounting service for Bookkeeping in West End at Smart Solutions Tax and Business Advisory, a boutique chartered accounting firm located in Brisbane City. They offer accounting services,..

Credit: Rumble     Duration: 00:30Published

Related news from verified sources

ITR Filing FY 2023-24: What happens if I file income tax return after deadline? Check penalties, consequences for late filing

Income Tax Return Filing FY 2023-24: The important thing to note is that late or belated filing of ITR means a penalty applies even if the belated ITR shows zero...
IndiaTimes